Decentralized finance (DeFi) protocol Balancer, built on Ethereum, is set to expand on Algorand. Once launched on the Algorand blockchain, Balancer users will be able to create liquidity pools or trading pairs with any Algorand Standard Asset (ASA), Algorand COO W. Sean Ford told The Block. Ba...
Decentralized borrowing protocol Liquity is now live on the Ethereum mainnet.  The launch comes a week after the startup raised $6 million in a Series A round led by investment firm Pantera Capital with participation from Nima Capital, Alameda Research, and several others.  Founded in January 2020, ...
Decentralized exchange protocol Kyber Network has launched a dynamic market-making (DMM) protocol, which it says is designed to be more capital efficient than its automated market-making (AMM) protocol. Kyber DMM is also expected to optimize fees and maximize earnings for liquidity providers, Kyber ...
Gucci and a number of other luxury fashion brands are reportedly close to launching non-fungible tokens (NFTs). Vogue Business reported the news on Monday, saying Gucci recently confirmed to the news outlet that it's "only a matter of time" before it will release an NFT. Several other luxury fashion...
Hong Kong Customs has seized 300 crypto mining graphic process units (GPUs) in an anti-smuggling operation. The government agency said in a statement on Saturday that it conducted the operation on Friday in the waters off the Hong Kong International Airport and "spotted several suspicious men moving...
Bitcoin is trading near $66,000 levels in South Korea as "Kimchi Premium" has returned. Kimchi Premium is the spread between bitcoin's price on South Korean crypto exchanges and Western exchanges. Bitcoin is currently trading at around $66,200 on Bithumb, according to TradingView. That is whopping a...
The Bank of Japan announced Monday that it has begun Phase 1 of central bank digital currency (CBDC) experiments.  The first phase of experiments will focus on testing the basic functions of CBDC as a payment instrument, such as issuance, distribution, and redemption. Phase 1 will be carried out thr...
Newsletter
05 abr. 2021
3 coins to keep an eye on | Issue #124
Last week, Bitcoin covered a 9.39% range before closing near $58,215, 4.36% higher than its opening price. The price hovers around weekly resistance near $58,972, creating small daily ranges before the next significant expansion. [Trade with up to 100x leverage on KuCoin Futures] The altcoin marketcap climbed from ...
News
05 abr. 2021
Is xSpace the new Safemoon?
With the introduction of new cryptocurrencies, investors have now got many new opportunities to invest their money safely. The latest arrival in the world of cryptocurrencies is xSpace, launched just 3 days ago, and already built a strong and big community. xSpace pre-sale sold out in just 3 ...
Ethereum miners set a record for monthly revenue in March after doing the same thing in February,  according to data gathered by The Block.  Mining revenue totaled $1.38 billion in March, whereas February saw $1.37 billion — a 0.73% increase. Ethereum transaction fees, as a share of miner revenue,...

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